Academy sports + outdoors reports third quarter 2024 results

Net sales decline (3.9)% ; comparable sales of (4.9)% gaap diluted eps of $0.92 , or $0.98 adjusted diluted eps 1 year-to-date gaap operating cash flow +29%; year-to-date adjusted free cash flow 1 +67% vs ly authorizes new $700 million share repurchase program plans to open 20 to 25 new stores in fiscal 2025 katy, texas, dec. 10, 2024 (globe newswire) -- academy sports and outdoors, inc. (nasdaq: aso) ("academy" or the "company") today announced its results for the third quarter ended november 2, 2024. financial and operational highlights include: opened 16 stores in fiscal 2024, consistent with plan, including further expansion into ohio narrowed fiscal 2024 guidance to net sales of $5.89b to $5.94b "we delivered third quarter sales in line with expectations and were encouraged to see an improvement in comp sales trends versus the first half of the year,” said steve lawrence, chief executive officer.
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